Hong Kong-based Badalia takes over from Jonathan Pflug, who is joining U.S. investment bank Raine Group to lead its coverage in Southeast Asia, Reuters reported last month. Badalia, who has been ... ( read original story ...)
South Korea improving on inequality, Hong Kong slipping: Oxfam
South Korea, Singapore, Tajikistan and the Maldives have made some of the biggest strides in tackling inequality during the COVID-19 pandemic, while Hong Kong experienced one of the sharpest declines, ... ( read original story ...)
HSBC introduces domestic foreign currency transaction through RTGS
The Hong Kong and Shanghai Banking Corporation (HSBC) along with Bangladesh Bank has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the ... ( read original story ...)
Hong Kong Shouldn’t Take a Back Seat to Singapore, Financial Chief Says
Hong Kong’s financial chief defended Hong Kong’s “clear” competitive advantages in financial services, equity markets and green finance and said the city shouldn’t take a back seat to Singapore as a ... ( read original story ...)
US warns Hong Kong against helping sanctioned individuals
The U.S. warned Hong Kong on Monday that its status as a financial center could be affected if it acts as a safe haven for sanctioned individuals, days after a luxury yacht connected to a sanctioned ... ( read original story ...)
Hong Kong’s financial industry has huge future opportunities: financial secretary
Hong Kong has both "quality" and "quantity" advantages for being a pioneer and a developed market, Chan said in a blog post on Sunday. Compared with other international financial centers, Hong Kong's ... ( read original story ...)
Finance chief remains confident in HK’s competitive advantages
Hong Kong’s “clear” competitive advantages in financial services, equity markets and green finance are expected to create new opportunities for the city’s development, the city’s finance chief said. ( read original story ...)
Chinese skincare firms Giant Biogene, Shanghai Chicmax plan to use Hong Kong IPO proceeds to boost R&D
Giant Biogene and Shanghai Chicmax have been given the green light to launch IPOs in Hong Kong, as they strive to cash in on China’s booming beauty industry. ( read original story ...)
Hong Kong still has edge over Singapore, financial sec. says as city falls in rankings
Financial Secretary Paul Chan has defended Hong Kong’s reputation as an Asian hub, listing the ways in which it has an edge over regional rival Singapore despite Covid-related measures undermining ... ( read original story ...)
Jefferies Financial Group Comments on Hang Seng Bank Limited’s FY2023 Earnings (OTCMKTS:HSNGY)
Investment analysts at Jefferies Financial Group lowered their FY2023 earnings per share estimates for shares of Hang Seng Bank in a research report issued to clients and investors on Thursday, ... ( read original story ...)
Bank of China HK warns of fake website
It has already been reported to the HKMA and the local police force. Bank of China (Hong Kong) or BOCHK has cautioned its customers of a fraudulent website with the URL bnkbochk[.]com. BOCHK declared ... ( read original story ...)
Week In Review: AIM Vaccine Stages $20 Million IPO On Hong Kong Exchange
AIM Vaccine conducted a very small IPO on the Hong Kong exchange, raising US$20 million, which netted the company only US$10 million. The IPO saw less than 1% of the company's shares sold. ( read original story ...)
Hong Kong stocks fall more than 2% as worries about Fed tightening drag into new week of trading
The dollar rose to 145.42 Japanese yen USDJPY, +0.07% from 145.34 late Friday, adding to pressure on Japan’s central bank to counter the yen’s prolonged slide by adjusting its policy of keeping its ... ( read original story ...)
Hong Kong outperforming Singapore as international finance centre in several ways, top official says
Financial Secretary Paul Chan also reveals that a global investment summit next month will be extended to three days He compares two cities in a blog post after index on global financial centres shows ... ( read original story ...)